Wave Software > Discover the Wave

E-discovery company eyes more strategic partnerships

ORLANDO, FL., (August 25, 2009) - Orlando-based Wave Software, an innovator in the de-duplication, near-duplicate detection, regeneration and export of native electronic data, announced today that it has achieved record growth statistics since the company’s inception in 2005. The company attributes its continued growth over the past year to the strength and reliability of its flagship software, Trident Pro, its new features including Native Review Bridge and near-duplicate detection, and its strategic partnerships with some of the largest, industry-leading legal service providers.

Wave Software revenue has more than doubled from one year ago. This is due to the strength of its product, Trident Pro, and customer retention. Trident Pro filters and culls discovery data, including foreign language documents, PSTs, NSFs, MSGs and loose files. It culls duplicate and near-duplicate data files from e-discovery collections so that document reviewers are not analyzing the same data again and again. Industry analysts and experts report that attorney review is the most expensive component of discovery and with Trident Pro, data populations can be reduced by 20 percent or more, thus decreasing all remaining costs downstream. Another cost-saving feature is its Native Review Bridge, which loads culled data directly into common review platforms, completely removing the need for the creation and management of a load file. Further, the Native Review Bridge technology also captures metadata which helps litigators comply with the Federal Rules of Civil Procedure (FRCP).

There are a number of reliable legal technology and service companies that use and resell Trident Pro. Wave Software has formed a strategic partnership with the following companies in order to help deliver more streamlined and cost-effective electronic data discovery solutions to clients. Companies that partner with Wave Software include:

• Wolters Kluewer (CT Summation Discovery Cracker)
• LexisNexis (Concordance)
• iCONECT (NXt)
• kCura (Relativity)
• Intelligent Discovery Solutions (iFramework)
• Encore Legal Solutions
• Trilantic

“Our business and product development initiatives are consistent with our strategy of providing the best pre-processing e-discovery technology in the world. From Canada to China to New York to Los Angeles, clients really do love our technology because it is fast, easy and provides an instant cost containment strategy. To that end, we are continuing to build our partnership channel, product features and product integration that we believe will provide the company with more good news in terms of near and long-term growth,” stated Robert Childress, President of Wave Software.

In 2009, Wave Software launched Wave University, a free online learning opportunity for legal professionals. Since its launch, Wave University has educated hundreds of people on topics such as computer forensics, Maryland Protocol, best practices in culling e-discovery collections, the EU Directives and non-English discovery data processing.

Wave Software is exhibiting at the upcoming Masters Conference in Washington DC, October 13-14. Visit them at booth #6 to see a product demonstration of Trident Pro.

To learn more about Wave Software, visit www.discoverthewave.com. 
About Wave Software

Wave Software, based in Orlando, Florida, provides the fastest, most accurate de-duplication, near-duplicate detection, regeneration and export of native and foreign language electronic files. Trident Pro, Wave’s flagship product with built-in Native Review Bridge, automatically maps and loads processed e-discovery data into CT Summation, iCONECT, Concordance and other common review platforms. Trident Pro software provides litigators in-house capability to cut down data sets to manageable amounts and then upload onto repositories for review and production. Wave offers software, consulting, and training specialized in the legal industry. For more information, visit www.discoverthewave.com.